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In December, China’s Consumer Price Index was 0.8%, lower than the expected 0.9%

China’s CPI rose 0.8%, hinting at slowing inflation. Meanwhile, oil prices drop due to oversupply, and the U.S. dollar strengthens ahead of key employment data, affecting global markets. – vtmarketsmy.com

In December, China’s Consumer Price Index increased by 0.2% compared to the previous month.

China’s CPI increased by 0.2%, influencing currency and commodity markets. Traders await the US Nonfarm Payrolls report, critical for shaping economic forecasts and market direction. Caution prevails ahead. – vtmarketsmy.com

Traders show caution as EUR/USD stabilizes around 1.1650 ahead of the upcoming US NFP report

The EUR/USD has stabilized around 1.2230 amid a recovering US job market. Traders should consider options strategies to navigate potential headwinds, as upward momentum may be stalling. – vtmarketsmy.com

PBOC sets USD/CNY central rate at 7.0128, down from 7.0197

The People’s Bank of China sets the USD/CNY rate to stabilize the yuan amid strong economic data. This signals a controlled approach, favoring range-trading over aggressive bets on currency appreciation. – vtmarketsmy.com

Traders notice GBP/USD near its weekly low of 1.3435 during the Asian session

GBP/USD hovers around 1.3435 as traders await the pivotal US Nonfarm Payrolls report. Market dynamics hinge on potential Federal Reserve rate changes, while the Bank of England’s stance supports the pound. – vtmarketsmy.com

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